Dennis Madamba / Investopedia A Uniform Commercial Code-1 (UCC-1) statement is a legal notice creditors can file to publicly declare their right to obtain the personal property of debtors who ...

At the state level, the concerning statutes in question are contained within the Uniform Commercial Code (UCC), primarily in Article 8, which deals with securities. UCC Article 8 is dense and ...

Commissions do not affect our editors' opinions or evaluations. A Uniform Commercial Code filing—or UCC filing—is a form of notice that lenders use when securing a borrower’s loan with an ...

In 2019, the American Law Institute (“ALI”) and Uniform Law Commission (“ULC”) began developing amendments to the Uniform Commercial Code (“UCC”) to adapt to the changing landscape of ...

UCC stands for Uniform Commercial Code, a set of rules that help govern U.S. business laws on commercial transactions. Technically, the UCC isn't a set of laws itself, but more of a model that ...

The Uniform Commercial Code sets the standards of good faith in a commercial transaction for the sale of goods. With every sales contract, there is an implied obligation for both the seller and ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

UCC filings are a common practice lenders use to secure a business loan, but it’s important you understand how they work and their repercussions. Many, or all, of the products featured on this ...